If I own a home clear and free/paid off, and it’s appraised lender value is $400,000, how much home equity or HELOC will I get based on this amount? Are lenders lenient with a high percentage of 85% of my $400,000 or ...
I am in process of closing on my first MF house and recently received the initial closing disclosure. I noticed that the lender increased my mortgage insurance (MI) premium to almost double the original amount. It i...
I have a property under contract and was planning on signing the mortgage paperwork yesterday. I received the disclosures in the morning with a stated 30 year fixed 5.0% interest rate (0 points) for a $70,000 SFR inve...
Hello All. Does anyone have any recommendations for a FHA mortgage lender or bank for a property in Silver Spring, MD?
Would like to know if anyone here has closed on a property in less than 30 days? Or if there are any lenders on here who can close in less than 30 days? I have 10-20 percent down payment, Great credit, and job/job his...
Looking for 15% down payment mortgage for investment property in AZ- any suggestions
Hello All - We are reaching out to some Local Banks to get pre-approved for investment property. We don't own a house of our own and are looking to purchase a property outside of our current residence of Florida. When...
Hi everyone. I'm looking for a way to refinance a property in my LLC into my personal name and get a long term loan on it. (Or a loan with the lowest monthly possible, ie - interest only, etc). The property in the LLC...
I have an unusual question about the Homeowners Insurance required when you get a mortgage. Do the requirements vary by lender, and if so, is the difference significant enough that I should factor that in when shoppin...
My lender is warning its clients that it will no longer accept payments from a business bank account, which is how I’ve been paying the loan since its inception many years ago. They insist I must pay using a personal ...